INVESTMENT

IBTimes Logo

Jobs become focus of new World Bank Africa plan

A new World Bank strategy for Africa unveiled on Wednesday focuses on creating jobs and making economies more competitive, while also tackling problems of climate change, disease, food shortages and conflict.
More news
Stocks

HK stocks seen edging higher, H-shares seen leading

Hong Kong stocks are set to rise slightly on Thursday as investors seek bargains amongst Chinese shares listed locally as mainland markets look poised to continue their outperformance relative to the region.
IBTimes Logo

SPDR gold holdings drop for fifth month in February

Holdings of the world's largest gold-backed exchange-traded fund, the SPDR Gold Trust, fell for a fifth consecutive month in February, data from the New York-based fund showed, the longest run of outflows since the trust's inception.
IBTimes Logo

Northern Irish software firm creates 360 jobs

A Northern Ireland software company that supplies services to major financial institutions said on Wednesday it was creating 360 new jobs, a rare piece of good news in an economy squeezed by public services cuts. First Derivatives, based in the border city of Newry and currently employing 550 people, is to expand using 4.3 million
Mary Schapiro, Chairman of the American Securities & Exchange Commission, delivers the keynote address at the New York Financial Writers' Association annual awards dinner in New York June 18, 2009.

SEC seeks to clampdown on bankers bonuses

The Securities and Exchange Commission (SEC) is proposing regulations to put a clampdown on large bonuses handed out banks, brokerages and hedge funds as part of the Dodd-Frank financial reform package.
Three Free Android Apps for Gold and Silver Prices

Three Free Android Apps for Gold and Silver Prices

It's exciting times for gold investors, who saw their investment multiply in recent years. Silver even doubled in price. With the following free Android apps, you can now follow your money grow where ever you are.
IBTimes Logo

Entrepreneurs powering Cleveland makeover

Aaron LeMieux grew up hearing his native Cleveland used as the punchline for jokes such as the mistake on the lake. But the city is attempting to shake its downtrodden image - enhanced by a history of sporting futility - and entrepreneurs like LeMieux are leading the charge.
All About Investing in Gold (All About Series)

All About Investing in Gold (Book)

Describes all the investible gold products, explains the fundamentals of investing in gold, and reveals techniques for implementing gold into an overall investing strategy.
Traders work on the floor of the New York Stock Exchange

US stocks advance after upbeat jobs data

U.S. stocks advanced in early trade on Wednesday after ADP National Employment report showed that the private sector employment rose more than expected in February.
Taiwan AIG unit bidders set to face regulators

Taiwan AIG unit bidders set to face regulators

Shareholders of two of the firms in a consortium buying U.S. insurer AIG's Taiwan unit approved the $2.16 billion bid on Wednesday, setting the scene for what is expected to be a tough battle with regulators.
DE Shaw, Goldman partners launch new China fund

DE Shaw, Goldman partners launch new China fund

A former partner of D.E. Shaw and an ex-Goldman Sachs (GS.N) partner are setting up a new firm to raise about $500 million for a China-focused private equity fund to join the growing competition for deals in the world's No.2 economy, sources told Reuters on Wednesday.
Rajat K. Gupta

Gupta, Rajaratnam calls on Goldman, P&G

U.S. market regulator said former Goldman Sachs Group Inc and Procter & Gamble Co board member Rajat Gupta tipped Galleon hedge fund founder Raj Rajaratnam in phone calls about confidential company information. Gupta's lawyer said the allegations are baseless.
A sign shows the address of the Goldman Sachs headquarters building in New York

SEC charges ex-Goldman director Rajat Gupta in insider case

Former Goldman Sachs Group Inc director Rajat Gupta leaked secret details to Galleon Group hedge fund manager Raj Rajaratnam about Warren Buffett's plan to invest $5 billion in the Wall Street bank at the height of the financial crisis, a U.S. securities regulator charged.
IBTimes Logo

Madoff trustee sues Tremont for $2.1 billion

The trustee seeking money for victims of Bernard Madoff's Ponzi scheme has sued Tremont Group Holdings for $2.1 billion, saying it missed warning signs the business could be a fraud.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.